Tag Archives: Coin

New York Regulator to Require Higher Standards for Coin Listings and Delistings – The Wall Street Journal

  1. New York Regulator to Require Higher Standards for Coin Listings and Delistings The Wall Street Journal
  2. New York crypto regulator removes Ripple and Dogecoin from token ‘greenlist’ in latest update Fortune
  3. New York state regulator proposes tougher guidelines for crypto listings: CNBC Crypto World CNBC Television
  4. New York Financial Regulator Aims to Bolster Criteria for Coin-Listing, Delisting | New York Law Journal Law.com
  5. NYDFS calls for public feedback on proposed crypto regulatory guidance Cointelegraph
  6. View Full Coverage on Google News

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Best Meme Coins to Buy Now – Dogecoin, GigaChad, Pepe Coin, and Shiba Inu – Yahoo Finance

  1. Best Meme Coins to Buy Now – Dogecoin, GigaChad, Pepe Coin, and Shiba Inu Yahoo Finance
  2. Crypto Analyst Reveals The Secret Formula Behind Making Serious Profit Off Meme Coins Like PEPE Benzinga
  3. #1 DEXTools Trending Crypto Coin $SPONGE Listed on LBank Business 2 Community
  4. ‘Top Signal’ Prediction—Binance Bombshell Turbo Charges New $1 Billion Pepe Crypto Memecoin And Doge Rival Floki Forbes
  5. With more than 25000 holders, RenQ Finance (RENQ) looks to follow footsteps of Pepe (PEPE) | Bitcoinist.com Bitcoinist
  6. View Full Coverage on Google News

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Debt ceiling solution: $1 trillion platinum coin could stop crisis – Business Insider

  1. Debt ceiling solution: $1 trillion platinum coin could stop crisis Business Insider
  2. Nobel laureate Paul Krugman says yes, Biden could mint a $1 trillion coin to avert the debt ceiling—but there’s a better option out there Fortune
  3. Nobel economist Paul Krugman takes a jab at Elon Musk and says dollar dominance isn’t worth much to America. Business Insider India
  4. Paul Krugman says dollar dominance is overrated, takes a jab at Elon Musk Markets Insider
  5. US debt crisis: Paul Krugman says $1 trillion coin isn’t inflationary Markets Insider
  6. View Full Coverage on Google News

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Coin toss could determine location of Bengals-Ravens playoff game

Getty Images

On Friday, the NFL’s owners will resolve various issues related to the unofficially official cancellation of the Bills-Bengals game.

One wrinkle relates to the AFC North championship. The Ravens beat the Bengals earlier this year. If the Ravens complete the sweep on Sunday, the Bengals would still win the division, based on having a higher overall winning percentage.

But there’s a wrinkle aimed at addressing the reality that the Ravens would have swept the Bengals, and that — if Cincinnati had lost to the Bills — the Ravens would have won the division.

The proposal goes like this: “If Baltimore defeats Cincinnati in Week 18 it will have defeated Cincinnati, a divisional opponent, twice but will not be able to host a playoff game because Cincinnati will have a higher winning percentage for a 16-game schedule than Baltimore will for a 17-game schedule. If Baltimore defeats Cincinnati and if those two clubs are schedule to play a Wild Card game against one another, the site for that game would be determined by a coin toss. If Cincinnati wins the Week 18 game or if Baltimore and Cincinnati are not scheduled to play one another in the Wild Card round, the game sites would be determined by the regular scheduling procedures.”

So, basically, the Ravens can secure home-field in a wild-card game against the Bengals by: (1) winning on Sunday; and (2) winning the coin flip. This would apply even though the winning percentage approach would otherwise make the Bengals the division champions.

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Overwatch 2 Bastion Skin Costs One Coin, Causes Problems

The Gingerbread Bastion skin is available for one coin on the Overwatch 2 store, and your coin balance will l remind you of it until the end of days.
Screenshot: Blizzard Entertainment/Kotaku

Blizzard is offering Overwatch 2 players a holiday treat in the form of a Gingerbread Bastion skin. It’s exactly what it sounds like: the hero shooter’s robot, made entirely of gingerbread and candy canes. His bird companion is even made out of gingerbread, and the whole getup is super cute. The skin and a candy cane weapon charm are available now as a cheap, one-Overwatch-Coin package, but what was likely meant as a gesture of holiday goodwill comes with a notable irksome drawback: now, my Overwatch coin balance is no longer a nice round number.

If you, like many others, are the kind of person who needs to turn the volume on your TV up or down so the level number ends in a five or zero, you likely know what this means. Now, no matter how many coins you earn through completing weekly challenges or paying for them outright, you will never have a flat number again, as all the coin amounts you can get in Overwatch 2 end in zero already. So, if you buy the Gingerbread Bastion skin, there will always be a pesky nine at the end of your currency. Unless Blizzard releases something with a cost that ends in nine.

Bastion and his gingerbread bird are cute, but at what cost?
Screenshot: Blizzard Entertainment/Kotaku

I joke, but the discrepancy actually does have a tangible effect on your using the Overwatch 2 store. All the cosmetics you can buy in the in-game shop cost round numbers, and there’s no way to buy Overwatch Coins for any less than 500 coins ($4.99). So, for example, say you wanted to buy a skin that costs 1000 Overwatch Coins, but you just bought the Bastion skin for one coin, bringing your balance to 999 Coins. You’d be one coin away from buying the skin you wanted, but the only means you’d have of immediately closing the gap would be to pay at least $4.99. The next quickest way would be to complete four weekly challenges, which would give you 30 Coins, but is, of course, more time consuming.

Ultimately, because of the grindy systems the Overwatch 2 store has in place for acquiring currency, a skin costing one coin has a handful of weird drawbacks, whether that be from it putting your coin balance in a weird spot in its economy, or you having to deal with a non round number in your wallet staring back at you every time you open the store. But as a holiday gift, it’s the thought that counts, I guess?

Outside of seasoned Bastion skins, Overwatch 2 is currently hosting its annual Winter Wonderland event, which includes a new mode that harkens back to when Mei could freeze everybody in place.

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Puzzling debate over Roman coin authenticity could determine legacy of ‘fake’ emperor

Written by Amarachi Orie, CNN

Scientists in the United Kingdom say they have proven the authenticity of several Roman coins previously dismissed as forgeries — providing evidence that an emperor disregarded as fake might in fact have been real.
A coin featuring a portrait and the name of the Roman emperor Sponsian was among a hoard of coins allegedly unearthed in Transylvania in present-day Romania in 1713, according to a study published in the journal PLOS ONE on Wednesday.

However, there were no other historical records to support that a Roman emperor named Sponsian ever existed, according to a press release. And, at the time, “Sponsian” was not a name known to have existed in ancient Rome.

Their manufacture and style, including puzzling inscriptions, differed from the general style of authentic mid-3rd century Roman coins, according to the study. As a result, they were dismissed as poorly-crafted fakes.

The authenticity of the coin has been debated since it was unearthed in 1713. Credit: University of Glasgow

Now, researchers at University College London (UCL) and the University of Glasgow in the UK say they have discovered features indicative of authenticity.

They used powerful microscopes in visible and ultraviolet light, plus scanning electron microscopy and spectroscopy — studying how light at different wavelengths is absorbed or reflected — to examine the coins.

In total they analyzed four coins from the hoard found in 1713, one of which features Sponsian. All four are on display in The Hunterian at the University of Glasgow.

A pattern of wear and tear was identified on the Sponsian coin, suggesting it had been in active circulation. Researchers also found earthen deposits, meaning it was likely buried in soil for a long time before being dug up and exposed to air.

“Scientific analysis of these ultra-rare coins rescues the emperor Sponsian from obscurity,” said lead study author Paul N. Pearson, a professorial research associate at UCL’s Earth Sciences department, in the press release.

“Our evidence suggests he ruled Roman Dacia, an isolated gold mining outpost, at a time when the empire was beset by civil wars and the borderlands were overrun by plundering invaders,” he added.

Leader of Dacia

The province of Dacia, which was cut off from the rest of the Roman empire in around 260 AD, was a region prized for its gold mines and mineral resources, according to UCL.

Sponsian never controlled an official mint or ruled Rome, said the researchers, but possibly became a local commander-in-chief who took charge during a period of chaos and civil war to protect the population of Dacia.

The Sponsian coinage series was used to pay senior soldiers and officials, who kept them as a store of wealth, proposed the researchers.

Powerful microscopes in visible and ultraviolet light, plus scanning electron microscopy and spectroscopy, were used to asses the coin’s authenticity. Credit: The Hunterian/University of Glasgow

From the findings, it “would appear to be that Sponsian should be rehabilitated as a historical personage,” the study concluded.

The researchers added that while “nothing can be known about him for certain,” the coins analyzed “provide clues as to his possible place in history.”

‘Unscientific and unfounded’

Not everyone is convinced, however.

Despite the study’s findings, some experts, including in the field of numismatics — the study or collection of currency — still believe the coin to be fake.

“Like everyone in the numismatic world, I strongly believe this coin to be a modern forgery,” Jerome Mairat, curator of the Heberden Coin Room in the Ashmolean Museum in Oxford, England, told CNN.

“This whole theory — that the coin is genuine — is both unscientific and unfounded,” he added.

Dame Mary Beard, the acclaimed scholar of Ancient Rome and professor of classics at Cambridge University, wrote in a blog post published by the Times Literary Supplement that “there is still very powerful evidence that they are fakes,” going on to list a number of issues surrounding their crafting and design.

The coin was used to pay senior soldiers and officials in the cut off Roman province of Dacia, suggest the researchers. Credit: University of Glasgow

Pearson, however, insisted the researchers had reached “a clear-cut conclusion” about the authenticity of the coins, telling CNN in an email: “For the grand history of Rome, Sponsian is little more than a historical footnote – but a footnote that should nevertheless be reinstated!”

He said that the researchers wanted to start a conversation with Roman historians and archaeologists to try and test their hypothesis about Sponsian.

“For understanding the dying days of Roman power in the Province of Dacia, and the history of Romania, he is potentially more significant, but our results have just been published and the academic debate is just beginning.”

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Leading Ethereum Rival To Plunge by Over 40% Amid FTX Collapse, Predicts Coin Bureau Host

Coin Bureau host Guy is sending out a warning that a top Ethereum (ETH) competitor faces more downside risks in the FTX fallout.

The Coin Bureau host tells his 2.17 million YouTube subscribers that the collapse of the FTX crypto exchange has made the road ahead for Solana (SOL) difficult.

According to the host, Solana will come under severe selling pressure when the beleaguered crypto exchange and the digital asset hedge fund Alameda Research dispose of their holdings of the Ethereum rival to pay back affected users and creditors.

“In any case, it’s clear that the demand for SOL is down, and it’s easy to understand why.

Some have begun to question Solana’s future. And this is in large part due to the massive amount of SOL that FTX and Alameda will be forced to sell when the time comes to compensate their creditors.”

Guy says that consequently Solana could go lower aided by the fact that the crypto market likely hasn’t bottomed out yet. Based on technical analysis, the Coin Bureau host says that Solana could fall by around 40% from current levels.

“To make matters worse, the bottom of the crypto bear market probably isn’t in yet. This means that SOL will go lower even without all the sell pressure from these entities.

Its long-term price chart suggests SOL could fall to $8. This would be consistent with the estimated percentage loss in other large altcoins.”

Solana is trading at $13.68 at time of writing, down by more than 50% over the past two weeks.

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Featured Image: Shutterstock/Tithi Luadthong/Natalia Siiatovskaia



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Dogecoin Rises Further On Musk Effect, Bitcoin, Ethereum Dip: Analyst Says Apex Coin Rally ‘Out Of Steam’ But Could Return If This Happens – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD)

The Dogecoin rally continued, but Bitcoin and Ethereum traded lower on Thursday evening as the global cryptocurrency market cap fell 2.3% to $983.2 billion at 8:01 p.m. EDT.

Price Performance Of Major Coins
Coin 24-hour 7-day Price
Bitcoin BTC/USD -2.3% 6.5% $20,291.06
Ethereum ETH/USD -3.4% 18% $1,513
Dogecoin DOGE/USD 5.9% 29.3% $0.08
Top 24-Hour Gainers (Data via CoinMarketCap)
Cryptocurrency 24-Hour % Change (+/-) Price
Klaytn (KLAY) 18.65% $0.25
TerraClassicUSD (USTC) 12.4% $0.04
Dogecoin (DOGE) 5.9% ​​$0.08

See Also: 10 Best Robinhood Alternatives To Use In 2022 

Why It Matters: The two largest cryptocurrencies were seen in the red on a day dominated by macroeconomic and earnings data. The S&P 500 and Nasdaq ended Thursday lower by 0.6% and 1.6% respectively. 

A decline in technology stocks weighed on Nasdaq futures, which were lower by 0.9%, while S&P 500 futures were down 0.6% at the time of writing.

U.S. gross domestic product rose at a 2.6% annualized rate for the third quarter, a number higher than average economic estimates of 2.4%. In the preceding quarter, GDP declined by 0.6%.

Initial jobless claims rose by 3,000 for the week ending Oct. 22 to 217,000 from an unrevised 214,000 mark in the prior week, data from the U.S. Labor Department indicated on Thursday.

OANDA Senior Market Analyst Edward Moya said that the data shows that the “economy is weakening.”

“​​It looks like the economy is still headed for a recession, but that might reinforce Fed pivot calls which still seem to be driving some inflows back into equities,” said Moya.

“Bitcoin’s rally has run out of steam. Momentum from the rally above the $20,000 level has stalled out as risk appetite struggles to find solid footing post earnings and U.S. economic data,” said the analyst in a note, seen by Benzinga.

“​​Bitcoin seems likely to consolidate leading up to the FOMC decision, but it could see further strength if the dollar continues to soften. ​ If Wall Street grows more concerned with the economic outlook, rates could slide even further, which is great news for crypto.”

Among the more prominent cryptocurrencies, Dogecoin continued its upward march, buoyed by Tesla Inc TSLA CEO Elon Musk’s imminent Twitter buyout. The memecoin is trading in an uptrend. It has a resistance at $0.083 and 0.099 and support at $0.075 and $0.067, according to Benzinga’s Melanie Schaffer.

Trading volume for DOGE spiked 98% to $2.65 billion at press time, according to CoinMarketCap data. Coinglass figures indicated that $16.47 million worth of DOGE was liquidated over 24 hours.

On Ethereum, Michaël van de Poppe said that the second-largest coin is facing resistance around the $1,600-$1,650 level. The cryptocurrency trader tweeted, “Might question whether we’ll continue the rally, and we clearly need to crack that resistance, and then face $1,750. Short term, I’d love to have entries around $1,400-1,450.”

The Amsterdam-based trader said that Bitcoin is still within the resistance level as it rejects around $20,800 and the long-time frame also rejects at $20,750. 

Justin Bennett touched on the dollar index, a measure of the greenback’s strength against six of its peers, in a tweet. The trader asked what if the dollar index “lower high and lower low everyone is getting excited about is just the beginning of a bull flag with a 120 measured objective.”

“This isn’t a trend I want to fight without higher time frame invalidation, which we don’t have,” said Bennett. Notably, the dollar index was 0.8% higher at 110.56 at the time of writing.

Read Next: Is Core Scientific Done? Bitcoin Miner Needs Cash, Warns Of Bankruptcy As Stock Plummets



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Dogecoin Outstrips Bitcoin, Ethereum — Analyst Says ‘Relief Rally In Q4 is On The Horizon’ For This Major Coin – Bitcoin (BTC/USD), Ethereum (ETH/USD), Dogecoin (DOGE/USD)

Cryptocurrencies were seen spiking on Tuesday evening as the global cryptocurrency market cap rose 2.7% to $970 billion at 8:17 p.m. EDT.

Price Performance Of Major Coins
Coin 24-hour 7-day Price
Bitcoin BTC/USD 3.2% 5.9% $20,286.32
Ethereum ETH/USD 2.9% 2.4% $1,363.23
Dogecoin DOGE/USD 8.55% 7.9% $0.065
Top 24-Hour Gainers (Data via CoinMarketCap)
Cryptocurrency 24-Hour % Change (+/-) Price
Convex Finance (CVX) +9.5% $5.39
Dogecoin (DOGE) +8.4% $0.065
Elrond (EGLD) +6.1% ​​$55.35

See Also: How To Get Free NFTs

Why It Matters: Cryptocurrencies tracked gains in stocks on Tuesday, as the S&P 500 and Nasdaq closed 3.1% and 3.3% higher, respectively. At the time of writing, U.S. stock futures were marginally in the red.

The return of risk appetite was triggered by PMI numbers released this week, which indicate weakness. Traders speculated that this could prompt central banks to become more dovish.

“If that sounds like straw clutching, it’s probably because it is but then, equity markets have had a rough ride of late and that can’t last forever,” said Craig Erlam, a senior market analyst with OANDA. 

Notably, on Tuesday, the Reserve Bank of Australia hiked interest rates by a smaller-than-expected 25 basis points, pointing to previous substantial hikes, reported Reuters. 

“The slight disconnect between Bitcoin and other risk assets recently has been interesting. We’ve seen more resilience during downturns and seemingly less enthusiasm during rallies,” said Erlam, in a note seen by Benzinga.

“It will be interesting to see whether this relationship holds and what that means going forward.”

Among coins with large market capitalization, Dogecoin saw considerable gains on an intraday basis. The bellwether memecoin rose after Tesla Inc TSLA CEO Elon Musk revived the offer to purchase Twitter for $54.20 per share.

Musk, a DOGE-bull, is said to gravitate towards integrating the memecoin into Twitter should he go on to own the Jack Dorsey-founded social media platform.

Dogecoin whale transactions and funding rates spiked — both harbingers of price direction change, tweeted market intelligence platform Santiment on Tuesday.

Michaël van de Poppe said that it is time for the dollar index, a measure of the greenback’s strength against six of its peers, to see a “slight bounce.”

The Amsterdam-based cryptocurrency trader said he’s expecting bad unemployment numbers on Friday and then subsequently expects the indices to continue.

“Relief rally in Q4 is on the horizon for” Bitcoin, tweeted van de Poppe.

Meanwhile, Bitcoin miners are on the threshold of “acute income stress,” according to the on-chain analysis firm Glassnode, which used the Difficulty Regression Model to arrive at that conclusion. 

The Model is an estimate of the all-in-sustaining cost of production for the apex coin. Glassnode tweeted that Bitcoin has been “trading very close to its estimated cost of production price since the June sell-off.” 

Read Next: Argentina’s Energy Company Mines Bitcoin Using Residual Gas



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White Dallas officer on leave after making coin Black Police Association says is racist

A white Dallas police officer is on administrative leave as the department investigates allegations that he made and tried to sell a challenge coin the Black Police Association decried as racist.

Chief Eddie García said at a news conference Wednesday the officers’ design for the South Central Patrol Division coin stained the department. He apologized to the community. Police have said southern Dallas is a priority, something they reiterated after two mass shootings there this spring.

“I’m not having it,” García said. “It’s not gonna continue on my watch. We have a standard at the Dallas Police Department. I will not allow an individual to stain that and to tarnish our badge and what we’re doing.

“If there’s a culture issue here, I will change it or I will die trying,” he added.

Terrance Hopkins, president of the Black Police Association, said he’s extremely troubled because some people saw the coin and didn’t flag it.

On one side, the coin depicts a drug house and an altered image of the Pillsbury Doughboy, who has gold teeth and is holding money and a gun. Hopkins said the image references a drug dealer named Doughboy from the movie Boyz n the Hood.

The words “Big ‘T’ Plaza” are strewn across the middle of the coin, which Hopkins said references a Dallas shopping center frequented by Black patrons. A police squad car is on one side of the coin, just across from a purple car that Hopkins said has gold rims and large wheels and similar to vehicles driven by Black people in the area. The coin also had police beat numbers on it that referenced southern Dallas.

The front of the coin shows a Dallas police badge with the words “South Central” and “15 years” along the top and bottom.

The South Central division covers southern parts of Dallas, including east and southeast Oak Cliff, and parts of Red Bird. It includes the area between State Highway 67 to Interstate 45.

A screenshot of a Facebook post — which was shared in a group for members of the Dallas Police Association — said the coin was made in honor of the 15th anniversary of the South Central Patrol Division.

Mike Mata, the head of the Dallas Police Association, said he had no knowledge about the post until someone brought it to his attention. He said it was “deleted immediately.”

Mata shared the message he sent to Dallas Police Association members. He wrote that “when a person or organization makes an error in judgement or mistake they must own it to move forward.” He said he believes the coin and post was made in poor taste and “had no business being on the DPA members page.”

“I understand it’s my responsibility to maintain the moral compass of the DPA members page,” Mata wrote. “I want to apologize to any person who was hurt or offended by the post and I promise to be more diligent in my duties to ensure that this organization and the media sites within it respects all members.”

The author of the Facebook post asked for $10 for each coin, and said the coins could be delivered by the first week of October. Those interested in buying a coin could pay via Venmo. It’s unclear how many coins were sold.

The officer whose Venmo was listed, Caleb McCollum, could not be reached for comment. Records show he is assigned to the Southwest Patrol Division. His Venmo account shows payments for various coins, including for other patrol areas. One person who bought “3x SC coins” got a refund Tuesday, the account shows.

“Officers and the community are asking questions,” Hopkins said. “Those questions are, ‘Is this the way white officers view us in our community? Is this the only vision they have of Black people?’ There are too many good things happening in the Southern community for this to be the only way that some people view us.”

Challenge coins

García said the post was taken down as soon as it was brought to commanders’ attention. He said commanders found out about it late Tuesday. It was unclear when information about the coin was first posted or if images appeared elsewhere.

García described a challenge coin as a commemorative coin that often depicts police departments and “something that’s memorable.” He said they’re usually a source of pride and there’s a process “as to how to bring about a challenge coin that’s appropriate,” which he said police will probe as part of the investigation. Other agencies and groups also produce challenge coins.

He said the officer was immediately told to stop, so he doesn’t believe any coins were made. He said the officer involved will be dealt with responsibly and swiftly. He did not elaborate.

Dallas Police Chief Eddie Garcia, right, listens to Terrance Hopkins (center left), President of the Black Police Association, as he criticized a Dallas police officer who made and tried to sell a challenge coin that he said was racist at a news conference Wednesday at the Black Police Association headquarters in Dallas.(Kelli Smith / Staff Photographer/)

“We hire from the human race,” the chief said. “I don’t think there’s a police chief in America that’s gonna sit here and tell you they don’t have officers that may have this mentality. It’s what a department does, what a community does, in response to that … that’s the standard we’re held to.”

Dallas police officers have faced criticism in the past related to racial insensitivity. In 2019, four officers were placed on leave and more than 20 others were investigated after researchers with The Plain View Project published a database of years of public posts from officers in eight departments, including Dallas.

Of 5,000 posts, more than 300 were from Dallas officers who were active duty at the time. The posts included Islamophobic comments, racial stereotypes and jokes about police brutality. At least 13 Dallas officers were later disciplined under then-chief U. Reneé Hall.

More recently, police vocalized their prioritization of southern Dallas after a spate of gunfire there earlier this year, including a mass shooting at a concert and another at a party. García said at the time that officers had been out across the area not only weeding out crime, but also infusing positivity.

García said Wednesday that the officer’s actions with the coin “affects us all.”

“We are our own worst enemy at times,” García said. “I’ve been out to the community, I’ve seen our honorable men and women give their lives and passion to our residents regardless in this beautifully diverse city that we have here.”

‘He should be gone’

Council members Tennell Atkins and Carolyn King Arnold, whose districts include parts of southern Dallas, spoke at the news conference Wednesday with the chief, Hopkins and other police and fire leaders to decry the coin.

Atkins said the officer should be fired. He said the coin betrayed residents and he now has to figure out what to tell people when they ask if they can trust the South Central Patrol Division or a person in uniform. Hopkins, the Black Police Association president, said he also believes the officer shouldn’t be on the force.

“He should be gone,” Atkins said about the officer. “We should not tolerate this.”

Arnold said she was also troubled this happened after years of neighborhood policing and attempts to strengthen the bond between police and the community. She said that bond has been fractured with this coin.

“Evidently, we still have a culture that we must address,” she said. “Right now in the city of Dallas, we are focused on racial equity, to remove some of the systemic practices that have been with us for years. And so today is a day for us to reevaluate where we go from here.”

Dallas police must now wear bodycams at off-duty jobs after cop shot at suspected gunmen

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